Via: Billboard Judging from frequency of “record store” as a search term at Google, as viewed at Google Analytics, the only exception to the record store’s waning popularity is the annual Record Store Day event held at indie retailers around the country. And it looks like this year’s Record Store Day is going to be [...]

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Via: WOXY Due to current economic realities and the lack of ongoing funding for WOXY’s operations, we’ve been forced to suspend our live broadcasts as of March 23rd. We’re continuing to explore options to keep The Future of Rock and Roll alive. For business inquiries, please contact Bryan Jay (bryan@woxy.com) or John at Future Sounds [...]

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Via: paidContent One part of the music business has finally reached the fabled tipping point at which digital income offsets declining physical sales. UK royalty collector PRS For Music, announcing 2009 income, says: “(Digital) growth (£12.8 million) outperformed the decline in traditional CD and DVD formats (down £8.7 million) for the first time, though the [...]

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Via: paidContent Litigious EMI may have avoided a court showdown with yet another digital music startup (it’s settled a case over lyrics data with TuneWiki), but it’s also fighting a case brought against it by one of its own artists… Pink Floyd has two beefs, according to some rather bare-bones reporting of Tuesday morning’s initial [...]

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Via: paidContent David Dorn doesn’t flinch when the C word—“cheesy”—comes up during an interview about Rhino Entertainment. He embraces it, talking about the two extremes of the Warner Music Group (NYSE: WMG) catalog division—a “really great sense of humor” that can result in something like Golden Throats, the series of compilations featuring performers best known [...]

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Via: Billboard Unfortunately, as we’ve seen since, for companies whose core product is content — like every newspaper and magazine you read, including this one — the idea that we Internet visionaries sold is a total load of crap. We persuaded executives to compete with themselves online by setting up Web sites that offered for [...]

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Via: paidContent Apple’s music and app stores straddle paid content’s demographic fault line. Apps, a fundamentally interactive experience, are tailor-made for the digital natives, whereas the static 99-cent music download remains wedded to a bygone era. Of course, the kids still like music, but the current digital-music product doesn’t compel them to part with their [...]

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Via: Billboard Sirius XM Radio Inc posted its first quarterly profit since its merger and said it expects to add 500,000 new subscribers in 2010 as the recovery in the car market boosts demand for satellite radio. The results suggest that the company, run by media industry veteran Mel Karmazin, has solidified and is set [...]

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Via: paidContent Berkeley, CA-based music service Mog.com, which recently launched its subscription music service with good review, is taking a new VC round to finance an entry to the UK market, promising to undercut the much-hyped Spotify and CBS-owned social site Last.fm, we have learned. The second round closed at around $10 million, with previous [...]

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Via: Billboard Recorded music gets less of a household’s entertainment spending than video games, movies, sports and reading material. Each year for the last decade, music spending has dropped as consumers spend less on CDs. But this isn’t the first time the record industry has suffered a setback, and a rebound would hardly be the [...]

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